XL continues its streak of impressive growth with the announcement of a plug-in hybrid Ford F-250 pickup that will be revealed next month at The Work Truck Show in Indianapolis, Ind.
The truck is the latest addition in XL’s growing plug-in hybrid electric (PHEV) product family, which also includes the PHEV Ford F-150 that the company began shipping in 2018 to municipal and utility fleets including CPS Energy, Tacoma Public Utility, City of Palo Alto and several more.
As with the PHEV F-150, which provides up to a 50 percent MPG improvement and 33 percent CO2 emissions reduction, the PHEV F-250 includes a driveshaft-mounted electric motor powered by a lithium ion battery pack that can be charged using standard level 1 and 2 chargers.
The truck also features regenerative braking, enabling it to store energy in the battery during deceleration and then use that energy to help propel the vehicle during acceleration.
Because the XL plug-in hybrid electric system works in parallel with the factory gas-powered engine, fleets need not be concerned over range, performance or infrastructure requirements. XL’s arrangement with Ford through its eQVM certification program ensures that all standard OEM warranties on the vehicle will remain intact.
Product specs will be available at XL’s booth (#3175) during The Work Truck Show where the PHEV F-250 will be on display. XL will reveal the truck during a press conference in its booth on Wednesday, March 6 at 3:40 p.m. For more information about the PHEV F-250, including early access to the details that will be made available at the show, visit www.xlfleet.com/PHEV-F250.
In addition to the new product announcement, XL has added two new members to its executive team. Anna Durham, an accomplished senior executive and board member, joins XL as its new Chief Operating Officer. Previously, Durham served in senior operations and finance leadership roles across multiple international divisions of GE Capital, including as COO of GE Capital France, president of GE Industrial France and General Manager of GE Capital’s Fleet Maintenance and Safety business. Most recently, Durham served as COO of Xamax Industries, a leading specialty materials provider.
XL also announced the addition of Brian Piern as its vice president of sales and marketing. Piern has over 20 years of leadership experience in marketing, product management and sales, with a track record of building winning teams. Piern has spent the past 12 years in the fleet industry, joining XL from Element Fleet Management, where he served as senior vice president of sales. Previously, Piern served as a senior vice president of GE Capital as well as director of new business development at Schneider National.
XL reported record sales for 2018, with more than 65 percent revenue growth over 2017 totals. Over the past year, the company launched new products, refined its brand identity, earned several prominent industry awards and earned the business of several significant fleets.
“This is a very exciting time for XL,” said CEO and founder Tod Hynes. “With the expansion of our PHEV line and the addition of Anna and Brian to our leadership team, we are in great position to build off our 2018 momentum and hit the ground running with even broader offerings and capabilities for our fleet customers in the coming year, and beyond.”